Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $117,540

• 1d · Related organizations

  $0

• 1e · Government grants (contributions)

  $0

• 1f · All other contributions, gifts and grants

  $130,733

• 1g · Noncash contributions included above

  $15,390

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $682,167 · excluded $682,167

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $21,222,016

• 7b · Less cost or other basis and sales expenses

  securities $20,720,366

• 7c · Gain or loss

  securities $501,650 · other assets $0

• 7d · Net gain or loss

  total $501,650 · excluded $501,650

• 8a · Fundraising events: gross income

  $10,834

• 8a · Fundraising events: contributions included on line 1c

  $117,540

• 8b · Fundraising events: direct expenses

  $4,385

• 8c · Net income from fundraising events

  total $6,449 · excluded $6,449

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $238,644 · program services $238,644

• 2 · Grants to domestic individuals

  total $59,000 · program services $59,000

• 7 · Other salaries and wages

  total $175,690 · management and general $17,569 · fundraising $158,121

• 9 · Other employee benefits

  total $12,644 · management and general $1,264 · fundraising $11,380

• 11f · Fees: investment management

  total $2,375 · management and general $2,375

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $3,930 · management and general $393 · fundraising $3,537

• 24a · Other expenses: HOSPITAL SUPPORT

  total $28,297 · management and general $4,310 · fundraising $23,987

• 24b · Other expenses: PRINTING & PUBLICATIONS

  total $13,577 · management and general $1,358 · fundraising $12,219

• 24c · Other expenses: ALL OTHER EXPENSES

  total $9,198 · program services $7,353 · management and general $1,845

• 24d · Other expenses: MINOR EQUIPMENT

  total $5,656 · management and general $565 · fundraising $5,091

• 24e · All other expenses

  total $4,384 · program services $0 · management and general $439 · fundraising $3,945

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $251,578 · end of year $256,183

• 3 · Pledges and grants receivable

  beginning of year $21,862 · end of year $20,766

• 4 · Accounts receivable

  beginning of year $800 · end of year $0

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 10a · Land, buildings and equipment: cost or other basis

  $27,248

• 10b · Land, buildings and equipment: accumulated depreciation

  $27,248

• 10c · Land, buildings and equipment, net

  end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $23,056,540 · end of year $24,734,848

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $402,357 · end of year $355,819

• 27 · Net assets without donor restrictions

  beginning of year $22,507,946 · end of year $24,235,501

• 28 · Net assets with donor restrictions

  beginning of year $420,477 · end of year $420,477

The filer's explanations (Part III)

Schedule J, Part I, Line 4a Severance or change-of-control payment

SEVERANCE: MALZEWSKI, MICHAEL - $141,825

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

457(F) DISTRIBUTIONS: ERICSON, ALLEN - $139,594 JACOBSON, CATHERINE - $2,074,559 457(F) PLAN PARTICIPANTS: ERICSON, ALLEN JACOBSON, CATHERINE NON-QUALIFIED DISTRIBUTIONS: JACOBSON, CATHERINE - $167,475 (OF WHICH $0 WAS REPORTED AS DEFERRED ON A PRIOR FORM 990) NON-QUALIFIED PARTICIPANTS: JACOBSON, CATHERINE

Schedule J, Part I, Line 3

THE PRESIDENT/CEO'S PERFORMANCE IS REVIEWED BY THE BOARD CHAIR ANNUALLY. THE BOARD OF ST. JOSEPH'S COMMUNITY HOSPITAL OF WEST BEND, INC. APPROVES ANY SALARY AND/OR BENEFIT CHANGES. SALARIES ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE FROEDTERT THEDACARE HEALTH, INC. (A RELATED ORGANIZATION) BOARD OF DIRECTORS, UTILIZING VARIOUS COMPENSATION STUDIES AND COMPARATIVE DATA.

Schedule J, Part I, Line 7

BONUS COMPENSATION IS PAID BASED UPON ATTAINMENT OF SPECIFIC GOALS RELATED TO THE ORGANIZATION'S STRATEGY, SERVICE, QUALITY, AND FINANCIAL STRENGTH. THE AMOUNT OF COMPENSATION IS CALCULATED USING SPECIFIED PERCENTAGES OF BASE SALARY FOR ACHIEVEMENT OF PARTICULAR GOAL LEVELS. HOWEVER, THE FROEDTERT THEDACARE HEALTH SYSTEM BOARD COMMITTEE WHICH ADMINISTERS THE BONUS COMPENSATION PROGRAM HAS DISCRETION OVER WHETHER TO PAY THE BONUS IN ANY GIVEN YEAR OR TO AMEND, CHANGE, OR TERMINATE THE PROGRAM AT ANY TIME.

Schedule J, Part II, Column (B)(ii)

BONUS AND INCENTIVE COMPENSATION AMOUNTS INCLUDE INCENTIVE COMPENSATION PAID.

Schedule J, Part II, Column (B)(iii)

OTHER REPORTABLE COMPENSATION INCLUDES 457(F) DEFERRED COMPENSATION PLAN DISTRIBUTIONS PAID TO INDIVIDUALS, AMOUNTS PAID IN LIEU OF 457(F) DEFERRED COMPENSATION PLAN CONTRIBUTIONS, AND OTHER MISCELLANEOUS COMPENSATION.